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I Inherited 5,000 Years of Family Property-Chapter 325 - 323 I Am Very Vindictive
"Ah?"
"Giving away money? What does that mean? Are they going to invest in us?"
"Is there really such good fortune?"
Many business owners and executives were suddenly all abuzz. Could there really be such pie-in-the-sky opportunities in the world?
Most of these 500-plus companies weren’t very large, so even an investment of tens of millions of US dollars would be of significant help to them.
Although most people didn’t know much about Zhang Menglong, it was said that whenever he spent money, he did so in units of billions. If Zhang Menglong was really willing to invest, it would be an absolute godsend for them!
Some people knew that Zhang Menglong had come to America; could it be that he was here this time to make investments?
In capitalist countries, whoever has the money is the boss. They couldn’t care less about what Zhang Menglong wanted to do; as long as it didn’t affect their money-making, he could do whatever he pleased. And if he could help them earn money, they’d welcome him with open arms and treat him like the God of Wealth himself!
Not only them, but even Hong Yi and Otto had their faces full of question marks, completely unaware of what Zhang Menglong intended to do.
"Mr. Zhang, what do you mean by that? We don’t quite understand!"
"Your question is a good one," Zhang Menglong needed someone to take the initiative to ask, "May I know how to address this business owner?"
"Just call me Old Jason, I’m the owner of a car parts factory," the first business owner to ask a question replied.
"Would it be possible to disclose the assets of your company?"
"Of course," Old Jason replied with a hearty laugh. Even if he didn’t say, with the Du bo family’s capabilities, finding out such information would be a piece of cake. Their assets were nothing compared to even the decimal points of the others’ wealth, so there was nothing to hide, "My company’s assets are about 24 million US dollars!"
"Very good," Zhang Menglong said with a smile, "To thank Mr. Jason for asking the key question, I am willing to inject 30 million US dollars into your company!"
"Otto, arrange the transfer!" Zhang Menglong turned and said to Otto.
"Yes, Mr. Zhang," Otto approached Old Jason, "Mr. Jason, please provide your company’s account details!"
The sudden surprise left Old Jason with a somewhat stiff expression. He had long wanted to expand his business scale, but due to financial pressures, he hadn’t been able to make a move. This money was enough for him to take more orders and expand his company’s business by two or three times!
He reported his company’s account number with a trembling voice, and in less than a minute, he received a text message from the bank.
The crowd immediately erupted into a frenzy. Nothing had been explained yet, and here was 30 million US dollars being thrown at an unknown company on the spot. Was Zhang Menglong really so rich that he was at odds with money?
"Mr. Zhang, I have a question!"
"Mr. Zhang! I have a question too!"
Asking questions seemed to bring investment, and the business owners went crazy one by one.
"Everyone, please calm down!" Zhang Menglong said with a smile, "Since I’ve invited you all here, naturally everyone will get a share, but I have one condition!"
"Please tell us, Mr. Zhang. As long as it’s within our capabilities, we will definitely satisfy you!"
"Yes, Mr. Zhang, most of the town’s business owners are here. Even if it’s beyond our reach, we’ll find a way to fulfill it for you!"
"My requirement is very simple!" Zhang Menglong continued, "The money I invest in your companies, you must take half to give your employees a raise, with an increase of no less than one hundred percent, until this portion of the money is used up! Employees who have left other companies to join do not qualify!"
"With the remaining money, if you make a profit, I only want 50% of the profits. If there is a loss, I don’t want a single penny back!"
"That’s it?"
The request was strange, but not very difficult to fulfill. Although half the investment would be lost, this investment was all in cash!
Take old Jason’s company, for example, they spent 15 million US Dollars giving their employees a raise, but the remaining 15 million US Dollars exceeded their company’s working capital, it was at most a smaller profit.
Although he had to share 50% of the profits with Zhang Menglong, Zhang said it was only 50% of the returns brought about by his investment, which was entirely profit! And if there were losses, he wouldn’t need to ask for a single penny back!
In other words, this money was almost no different from something gained for free; they didn’t need to pay any price at all. Not to take this deal would be foolish!
"If everyone has no objections, just sign on this agreement," Zhang Menglong said as he distributed the prepared agreements he had printed out.
"No problem, I’ll sign!" The bosses scrutinized the document one by one, and after making sure there were no traps, they decisively signed their names.
For every enterprise, Zhang Menglong ensured that the investment was no less than the assets of the company. With more than 500 enterprises ranging from several million to over a hundred million US Dollars in assets, Zhang Menglong gave away only 20 billion US Dollars in total.
20 billion US Dollars in cash flow, this sum appeared astronomical to those businessmen, but for the entire Duber family assets, it was merely a drop in the bucket.
The businessmen left one by one, brimming with joy. The first thing they did when they returned was to double the workers’ wages in accordance with the agreement!
...
"Mr. Zhang, what exactly are you doing this for?" Otto finally couldn’t contain his curiosity after all the bosses had left.
"Otto, if you were an employee of a company and the employees of other companies around you, doing work with lower technical content, yet earning higher salaries than you, what would you do?" Zhang Menglong asked.
"Of course, I’d be angry!" Otto replied without hesitation, "They don’t generate as much value as I do, why should they earn a higher salary? If it were me, I’d switch jobs!"
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"But what if you can’t switch or don’t get a raise even if you do?"
"Then I’d protest! Strike!"
"Wait a minute!" Otto suddenly seemed to realize something.
Before Zhang Menglong’s arrival, his father had told him that Zhang Menglong was probably here to settle personal scores, and his target was likely the chip suppliers in Europe and America.
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In this Silicon Valley town, resided one of the world’s largest telecommunications companies, Qualcomm Electronics!
At Qualcomm Electronics, the number of workers and engineers accounted for over 80% of the entire company’s workforce, and their average salary was about 4,500 to 5,000 US Dollars a month, whereas the surrounding enterprises had an average salary of about 3,000 to 3,500 US Dollars a month—there was a considerable gap in wage levels.
With Zhang Menglong’s move, the wages of employees at those companies doubled, even surpassing Qualcomm Electronics’ employees, yet they were doing the same work as before. Would they be willing to accept it?
He understood, he understood it all!
Zhang Menglong’s 20 billion US Dollars was not about idle investment; it was aimed to bring down Qualcomm Electronics!
Wait until a few days later when the workers at Qualcomm Electronics learn of this, they’d surely feel discontent. With just a little maneuvering, in this land of the free, Zhang Menglong could create quite a stir!
"Mr. Zhang, given your personality, are you really content with helping these Americans make money with these 20 billion?" Hong Yi couldn’t help but ask.
"No worries, the cost is passed on to the consumers!" Zhang Menglong laughed. "When our chips are ready, if they want to buy, we’ll charge them double the already doubled price. It’s up to them to take it or leave it!"
Hong Yi showed an expression that said it all made sense now. Zhang Menglong didn’t care about spending money domestically, but when it came to spending abroad, he was more of a miser than the God of Wealth himself!
"Otto, do you have a way to contact the President of the Qualcomm Electronics union or the higher-ups?"
"Of course, what do you want to do?"
"Help me set up a meeting. I want to discuss a deal with them, a deal that could guarantee a life of luxury for generations!"
Zhang Menglong, with hands clasped behind his back, walked out of the hall, "I, Zhang Menglong, am someone who holds very strong grudges!"